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💥💢💥 Bitcoin Holds Above $62K Amid Geopolitical Shock as Crypto ETFs Return to Net Inflows After Eight Weeks
Wintermute said Bitcoin held above $62,000 and rebounded toward $64,000 despite last week’s geopolitical shock, suggesting weaker holders had largely been flushed out.
Digital-asset ETFs also recorded $282 million in net inflows after eight straight weeks of outflows, while Strategy's reported sale of 3,588 BTC to fund dividends caused limited market disruption. With September rate-hike odds rising to 61% on surging oil prices, Tuesday's CPI release may determine whether the recovery can continue.
$BTC #PreIPOsSeason2OpenAISubscription